Manchester, NH 03103,359-361 Lake AVE
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Manchester, NH 03103,359-361 Lake AVE
Manchester, NH 03103,359-361 Lake AVE
Manchester, NH 03103,359-361 Lake AVE
Manchester, NH 03103,359-361 Lake AVE
Listed by Bobbie Gaudette • Keller Williams Realty Metro-Concord
Bought with Sean Delisle • BHHS Verani Londonderry

$763,000

Est. payment /mo

$800,000

4.6%
Est.Price: ?

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359-361 Lake AVE Manchester, NH 03103

12 Beds

3 Baths

5,322 SqFt

SOLD DATE : 03/04/2025

Key Details

Sold Price $763,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,322 sqft

Price per Sqft $143

MLS Listing ID 5021768

Sold Date 03/04/25

Bedrooms 12

Full Baths 3

Construction Status Existing

Year Built 1905

Annual Tax Amount $8,811

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Back on the Market! Buyer's financing fell through. This centrally located three-family property in the heart of Manchester presents a prime opportunity for both owner-occupants and investors. Multi-family properties like this are an excellent strategy for those looking to build equity and generate steady income. Each of the three expansive units spans over 1,700 sq. ft., featuring an identical, spacious floor plan with four bedrooms, one bathroom, a fully equipped kitchen, and a dedicated laundry room complete with washer and dryer. All units have been meticulously updated within the past three years, ensuring a modern and well-maintained interior for tenants. Currently, each unit is leased with tenants covering all utilities, including heat, hot water, and electricity. This property has a solid rental history, delivering reliable cash flow, and is fully compliant with current market demands. Photographs were taken post-renovation and before tenant occupancy, capturing the quality and condition of the units. A quick closing is possible, making this property an ideal acquisition for buyers seeking a seamless investment in a desirable, high-demand area. Please note a minimum of 24 hours notice is required for showing.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning Residential-Multi

Rooms

Basement Entrance Walkout

Basement Full, Storage Space, Unfinished, Walkout

Interior

Cooling None

Flooring Carpet, Hardwood

Exterior

Garage Spaces 1.0

Garage Description Off Street, On Street

Utilities Available Cable, Phone

Roof Type Flat,Rolled

Building

Story 3

Foundation Granite

Sewer Public

Architectural Style Multi-Family, Multi-Level

Construction Status Existing

Schools

Elementary Schools Mcdonough School

Middle Schools Hillside Middle School

High Schools Central High School

School District Manchester Sch Dst Sau #37

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agent
Maria Paloma Joseph

Agent | License ID: 081743

+1(603) 860-0379 | mariapaloma@karacorealty.com

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